The Minneapolis office of Colliers Mortgage (part of Colliers International | U.S.) closed a Fannie Mae loan for the acquisition financing of The Arbors, a 136-unit market rate multifamily property located in Temple. Property features include a pool, clothing care center and on-site maintenance.
The loan carries a 10-year term and 30-year amortization and was arranged through a partnership with Old Capital Lending for 2416 Temple SPE LLC, Barta Arbors Temple SPE LLC, DSJO LLC, and LBP Trust SPE LLC.
